South Korea shares rise as chips extend rally

SAMSUNG BIOLOGICS

09/09/2026 02:46

KOSPI rises, foreigners net sellers
Korean won strengthens against dollar
South Korea benchmark bond yield falls
SEOUL, Sept 9 (Reuters) - Round-up of South Korean financial markets:
** South Korean shares rose on Wednesday as both Samsung Electronics and SK Hynix extended gains on sustained investor interest in the artificial intelligence trade. The won strengthened, while the benchmark bond yield fell.
** The benchmark KOSPI .KS11 was up 100.16 points, or 1.44%, at 7,054.68 as of 01:30 GMT. 
** Chipmaker Samsung Electronics 005930.KS rose 1.39%, while peer SK Hynix 000660.KS gained 3.46%, after the Philadelphia Semiconductor Index rose 1.3% in U.S. trading overnight.
** Among other index heavyweights, battery maker LG Energy Solution 373220.KS climbed 0.29%, while Hyundai Motor 005380.KS and sister automaker Kia Corp 000270.KS were up 0.26% and up 0.48%, respectively.
** Steelmaker POSCO Holdings 005490.KS shed 0.15%, while drugmaker Samsung BioLogics 207940.KS rose 0.03%.
** Of the total 909 traded issues, 405 shares advanced, while 448 declined.
** Foreigners were net sellers of shares worth 174.3 billion won  ($130.2 million).
** South Korean President Lee Jae Myung and French President Emmanuel Macron discussed cooperation on security and freedom of navigation in the Strait of Hormuz during a summit in Paris on Tuesday, as the Middle East war intensified.
** The won was quoted at 1,339.1 per dollar on the onshore settlement platform KRW=KFTC, 0.28% higher than its previous close at 1,342.8.
** In offshore trading, the won KRW= was quoted at 1,338.8 per dollar, up 0.1% on the day, while in non-deliverable forward trading its one-month contract KRW1MNDFOR= was quoted at 1,338.4.
** The KOSPI has risen 67.40% so far this year.
** The won has strengthened 7.5% against the dollar so far this year.
** In money and debt markets, September futures on three-year treasury bonds KTBc1 gained 0.01 point to 103.12.
** The most liquid three-year Korean treasury bond yield KR3YT=RR fell by 0.4 basis points to 3.899%, while the benchmark 10-year yield KR10YT=RR fell by 1.1 basis points to 4.379%.


($1 = 1,338.5000 won)

 (Reporting by Cynthia Kim; Editing by Mrigank Dhaniwala)
 ((Cynthia.Kim@thomsonreuters.com; 822 3704 5655; Reuters Messaging: cynthia.kim.thomsonreuters.com@reuters.net))